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Res 1998-153
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Res 1998-153
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Last modified
4/23/2007 5:07:06 PM
Creation date
4/16/2007 4:55:31 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Lease
Number
1998-153
Date
7/27/1998
Volume Book
133
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<br /> WDL <br /> accrue on any past due sum ITom and after the date on which said sum shall become due and payable, <br /> and interest shall be paid by Lessee to Lessor at the time of payment of the sum upon which the <br /> interest shall have accrued. . <br /> 2.08. The term of this Lease will commence on August 1, 1998 and shall extend for a period of30 <br /> years. The Lessee will have the right of first refusal for continuing occupancy under a revised lease <br /> at the expiration of this Lease provided Lessee is not in default under the terms of this Lease at the <br /> time of expiration. The terms of the revised lease will be similar to those offered by the Lessor for <br /> similar improved property at the Airport at that time. If this Lease commences or terminates on a day <br /> other than the first day of a month, all monthly rents and fees payable by the Lessee for the first <br /> month under this Lease shall be prorated accordingly. <br /> Article 3. Use and Care of Premises <br /> 3.01. The uses of the Leased Premises by Lessee shall be restricted to aviation purposes or <br /> aviation-related purposes, unless otherwise approved in writing by Lessor. Specifically, the Leased <br /> Premises shall be used and occupied only for the purpose of operating an aviation office, hangar <br /> park, fixed based operations, aircraft sales and related activities and for no other purposes without <br /> the advance written consent of Lessor. Lessee shall not at any time leave the Leased Premises vacant, <br /> but shall in good faith continuously throughout the term of this Lease conduct in the Leased Premises <br /> the type of business described, and shall keep the Leased Premises open to the public for business <br /> during normal business hours. <br /> 3.02. Th~ Lessee shall not place or keep anything on the Leased Premises or use the Leased <br /> Premises for any purpose which increases the insurance premium cost or invalidates any insurance <br /> policy carried on the Leased Premises without the Lessor's advance written consent. The Lessee <br /> agrees that the risk of loss and damage for all property kept, stored or maintained by it within the <br /> Leased Premises shall be the Lessee's. <br /> 3.03. The Lessee shall not use or permit the use of the Leased Premises in any manner that results <br /> in waste of the Leased Premises, or constitutes a nuisance, or violates any statute, ordinance, rule or <br /> regulation that applies to the Leased Premises. <br /> 3.04. The Lessee shall keep the Leased Premises, including ramps, signs, sidewalks, serviceways, <br /> and loading areas adjacent to the Leased Premises, neat, clean, and tree from dirt and trash at all <br /> times. The Lessee shall provide containers for all trash on the Leased Premises, and shall arrange for <br /> the regular removal of the trash at the Lessee's expense. <br /> 3.05. The Lessee shall store all equipment, materials and supplies within the building(s) located on <br /> the Leased Premises. Outside storage is specifically prohibited without the advance written consent <br /> of the Lessor. <br /> 3.06. The Lessor agrees that the Lessee shall have access to the runways, taxiways and ramps at <br />
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